Dimensional Fund Advisors LP Acquires 13,621 Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Dimensional Fund Advisors LP increased its position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 1.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,392,826 shares of the company's stock after purchasing an additional 13,621 shares during the quarter. Dimensional Fund Advisors LP owned 1.05% of BJ's Wholesale Club worth $124,453,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in BJ. Covestor Ltd boosted its holdings in shares of BJ's Wholesale Club by 66.5% during the fourth quarter. Covestor Ltd now owns 288 shares of the company's stock valued at $26,000 after acquiring an additional 115 shares during the period. Tortoise Investment Management LLC grew its position in BJ's Wholesale Club by 78.7% in the 4th quarter. Tortoise Investment Management LLC now owns 529 shares of the company's stock worth $47,000 after purchasing an additional 233 shares during the last quarter. Brown Brothers Harriman & Co. increased its stake in shares of BJ's Wholesale Club by 652.9% in the fourth quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company's stock valued at $47,000 after purchasing an additional 457 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of BJ's Wholesale Club during the third quarter valued at approximately $55,000. Finally, UMB Bank n.a. raised its holdings in shares of BJ's Wholesale Club by 68.2% during the fourth quarter. UMB Bank n.a. now owns 624 shares of the company's stock valued at $56,000 after buying an additional 253 shares during the last quarter. Institutional investors and hedge funds own 98.60% of the company's stock.

BJ's Wholesale Club Trading Down 0.2 %

Shares of BJ traded down $0.27 during midday trading on Thursday, hitting $117.30. The stock had a trading volume of 836,096 shares, compared to its average volume of 1,645,421. The business has a 50-day simple moving average of $111.68 and a two-hundred day simple moving average of $100.22. The firm has a market cap of $15.45 billion, a P/E ratio of 28.27, a price-to-earnings-growth ratio of 4.50 and a beta of 0.54. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. BJ's Wholesale Club Holdings, Inc. has a fifty-two week low of $73.93 and a fifty-two week high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly earnings data on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.07. The firm had revenue of $5.28 billion for the quarter, compared to analysts' expectations of $5.29 billion. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. As a group, equities analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on BJ shares. Barclays raised their target price on BJ's Wholesale Club from $80.00 to $115.00 and gave the company an "equal weight" rating in a research report on Monday, March 10th. The Goldman Sachs Group upped their price objective on shares of BJ's Wholesale Club from $102.00 to $121.00 and gave the stock a "buy" rating in a report on Monday, March 10th. Citigroup upgraded shares of BJ's Wholesale Club from a "neutral" rating to a "buy" rating and increased their target price for the company from $115.00 to $130.00 in a research report on Thursday, April 3rd. Loop Capital upped their price target on shares of BJ's Wholesale Club from $95.00 to $110.00 and gave the stock a "hold" rating in a research note on Friday, March 7th. Finally, Cowen reiterated a "buy" rating on shares of BJ's Wholesale Club in a research note on Friday, March 7th. Seven equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $110.82.

Insider Buying and Selling

In related news, SVP Joseph Mcgrail sold 2,100 shares of the stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $119.74, for a total transaction of $251,454.00. Following the completion of the sale, the senior vice president now directly owns 14,240 shares in the company, valued at approximately $1,705,097.60. This trade represents a 12.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert Allan Steele sold 11,813 shares of the business's stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $107.59, for a total value of $1,270,960.67. Following the completion of the transaction, the director now owns 24,351 shares in the company, valued at $2,619,924.09. This trade represents a 32.67 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 328,505 shares of company stock valued at $37,452,686. Corporate insiders own 2.00% of the company's stock.

BJ's Wholesale Club Company Profile

BJ's Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.